An exclusive dealing contract is one type of contract which is illusory because it lacks consideration
Indicate whether the statement is true or false
False
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The Wheeler-Lea Amendment to the FTC Act:
A) regulates excessive advertising to children B) prohibits deceptive and misleading advertising C) prohibits puffery and comparative advertising D) sets the substantiation requirements that an ad must meet when claims are made about a product
Which of the following will most likely give an organization a sense of identity?
A) short-term perspectives B) purpose and values C) profit maximization D) customer retention
HCN is a wholesaler that supplies consumer goods products to a number of retailers. HCN has witnessed the worrying trend of its competitors losing out on suppliers, who approach retailers directly
How can HCN strengthen its relationship with manufacturers and prevent this?
Which of the following is a period cost for a manufacturing company?
A) office rent B) wages of factory janitor C) insurance cost of production equipment D) raw materials